Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-09-29 20.347530 23.223810 26.364631 30.049594 34.255762 38.908746 44.448930
2024-10-06 17.187281 21.142710 25.794384 31.671472 38.904856 47.525147 58.592694
2024-10-13 14.319719 18.849979 24.547334 32.245590 42.391275 55.328782 73.119913
2024-10-20 11.658505 16.351598 22.636357 31.680655 44.391382 61.664613 87.005996
2024-10-27 9.722551 14.477794 21.235013 31.556798 46.973361 69.226721 103.944943
2024-11-03 8.514035 13.421765 20.800939 32.732627 51.620265 80.502469 128.295542
2024-11-10 7.590737 12.633164 20.633689 34.291279 57.144311 94.069490 158.714280
2024-11-17 6.604015 11.571107 19.864550 34.771251 61.065951 105.839736 188.553304
2024-11-24 5.541587 10.194152 18.346948 33.735372 62.274344 113.352597 212.665497
2024-12-01 4.665867 8.990450 16.925255 32.617309 63.144647 120.445037 237.443739
2024-12-08 4.064889 8.188160 16.094585 32.446379 65.752160 131.194365 271.263611
2024-12-15 3.621515 7.612418 15.595558 32.831408 69.522274 144.859315 313.593869
2024-12-22 3.212449 7.049814 15.061399 33.128960 73.351068 159.710477 362.262062
2024-12-29 2.946099 6.742096 15.004379 34.445703 79.657743 181.056052 429.848896
2025-01-05 2.630069 6.266141 14.503440 34.694269 83.665068 198.203467 491.730195
2025-01-12 2.282016 5.650783 13.580964 33.796437 84.847043 209.167794 541.383498
2025-01-19 2.018817 5.188883 12.933107 33.437921 87.283116 223.637702 603.109932
2025-01-26 1.866792 4.976356 12.853436 34.500049 93.564388 248.985036 699.119967
2025-02-02 1.750565 4.834967 12.928932 35.991549 101.313776 279.751719 817.069791
2025-02-09 1.596813 4.563150 12.615795 36.373949 106.129237 303.666771 921.259841
2025-02-16 1.400774 4.135498 11.804162 35.196816 106.285880 314.675243 990.106909
2025-02-23 1.228879 3.744382 11.023647 33.958896 106.028166 324.499554 1057.869387
2025-03-02 1.111564 3.493528 10.602503 33.725187 108.812608 344.073242 1161.543390